Bob Iger on Disney parks after coronavirus: 'Just as we now do bag checks for everybody that goes into our parks, it could be that at some point we add a component of that that takes people’s temperatures.'
Walt Disney has been hit hard by the pandemic. Shutdowns of theme parks, movie theaters and cruise lines have laid low business units that just months ago were enjoying record profits. ESPN, the sports network, faces empty stadiums, while across the industry, there are signs that advertising is slipping. Disney+ is a bright spot, but as with many new streaming services, it’s focused on winning subscribers, not turning out profits.
Analysts say Disney has the financial strength to weather the downturn. The company recently... Subscribe or Sign In to continue reading.
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